other material
confidence high
sentiment positive
materiality 0.70
Neumora starts Phase 1 study of second M4 PAM, NMRA-898; no convulsions in preclinical
Neumora Therapeutics, Inc.
- Initiated Phase 1 SAD/MAD study of NMRA-898, an M4 positive allosteric modulator for schizophrenia and neuropsychiatric disorders.
- NMRA-898 is structurally distinct from NMRA-861 (Phase 1 started July 2025); both may offer best-in-class pharmacology.
- No convulsions observed in preclinical studies across multiple species, including rabbits.
- Neumora expects to provide a comprehensive M4 franchise update by mid-2026.